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” Falling wedge pattern points to eventual Ethereum price reversal, but traders expect more pain first “ The cryptocurrency market was hit with another round of selling on May 26 as Bitcoin (BTC) price dropped to $28,000 and Ether (ETH) briefly fell under $1,800. The ETH/BTC pair also dropped below what traders deem to be an…
” Ethereum price dips below the $1.8K support as bears prepare for Friday’s $1B options expiry “ Ether’s (ETH) performance over the past three months has been less than satisfying for holders and the 50% correction since April 3 caused the altcoin to test the $1,800 support for the first time since July 2021. Ether/USD…
” Weak stocks and declining DeFi use continue to weigh on Ethereum price “ Ether’s (ETH) 12-hour closing price has been respecting a tight $1,910 to $2,150 range for twelve days, but oddly enough, these 13% oscillations have been enough to liquidate an aggregate of $495 million in futures contracts since May 13 according to…
” Top 3 cryptocurrencies that are faring the best in the 2022 bear market “ The crypto market has been in decline over the past six months with its valuation dropping from over $3 trillion in November 2021 to $1.23 trillion in May 2022. Fears over persistently higher inflation, the Federal Reserve’s hawkish response to…
” Bearish head and shoulders pattern forces Ethereum traders to re-adjust their price targets “ Crypto markets remain volatile and a handful of seasoned traders believe that the bearish trend will continue as long as stock markets are chasing new lows. Most investors would agree that crypto is now in a bear market and the…
” Ethereum preparing a ‘bear trap’ ahead of the Merge — ETH price to $4K next? “ Ethereum’s native token, Ether (ETH), continues to face downside risks in a higher interest rate environment. But one analyst believes that the token’s next selloff move could turn into a bear trap as the market factors in the possible…
” Ethereum in danger of 25% crash as ETH price forms classic bearish technical pattern “ Ethereum’s native token Ether (ETH) looks ready to undergo a breakdown move in May as it forms a convincing “bear pennant” structure. ETH price to $1,500? ETH’s price has been consolidating since May 11 inside a range defined by…
” Analysts say Ethereum price must hold this key level to avoid a capitulation-level move “ The crypto market experienced another day of pain on May 12 as the fallout from the Terra’s LUNA and UST failure continues to ripple across the ecosystem. While the coverage for UST and its impact on Bitcoin (BTC) have…
” Look out below! Ethereum derivatives data hints at further downside from ETH “ Ether (ETH) is down 38% in three weeks and the current $2,000 level is 59% below the $4,870 all-time high that was reached in November 2021. Additional newsflow that added to the current market wide volatility were the bankruptcy fears that…
” How long will the crypto bear market last? Raoul Pal’s macro analysis “ Macro investor Raoul Pal is convinced that the current crypto bear market will end only once the Fed eases its hawkish monetary policy by halting interest rate hikes. That could happen in the next couple of months, according to Pal’s predictions. …